NOT LISTED FOR SALE

40 Milford Ave Bingham, ME 04920

Estimated Value: $194,000 - $229,000

-- Bed
3 Baths
2,400 Sq Ft
$87/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $35,000 $15 Per Sq Ft

Est. 495% increase in value since last sale

Current estimated payment $1,290/month

151 Days on Market

Highlights

  • Nearby Water Access
  • Wood Flooring
  • Attic
  • Cape Cod Architecture
  • Main Floor Bedroom
  • 1 Fireplace

About This Home

As of January 2019

A roomy dormered Cape with a flare of Classic New England. Easily offers 6 bedrooms and had a small second kitchen on second floor if a multi-family were desired or if adding an additional bathroom. Two covered porches. The detached 2 car garage offers an efficiency as well. Large double corner lot is a plus if room is needed for additional parking. Needs some TLC yet the structure is straight and solid. Many electrical updates have been done and has an excellent concrete foundation. All this makes a great start for an incredible investment. Seller is motivated.

Last Agent to Sell the Property

Aaron Bolster

Allied Realty Listed on: 06/08/2018

Last Buyer's Agent

Dina Gushee

Patriot Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 0.33 Acre Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Outbuilding
  • Porch

Location

  • Suburban Location

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Heating System Uses Steam
  • Natural Gas Not Available
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 40MilfordAvenueBinghamMaine04920

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Head north on Route 201. On Main Street in Bingham, turn right on Sidney Street. Property is on the left side corner of Sidney and Milford Avenue.
  • Above Grade Finished Sq Ft: 2400.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1912
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.33
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2400.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 3
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 2
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Heat System:Steam: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Heat Fuel:Wood2: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Equipment:Satellite Dish: Yes
  • Heat System:Radiator: Yes
  • Amenities:In-Law Apartment: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Doghouse, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, In-Law Floorplan, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Near Shopping, Near Town, Neighborhood, Suburban
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Radiator
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14374.8
  • Parcel #: 40MilfordAvenueBinghamMaine04920
  • Zoning: Local

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1326.0
  • Tax Book Number: 1814
  • Tax Lot: 66
  • Tax Map Number: 6
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2024
Sold by
D Gushee Llc
Bought by
Maine Freehold Mgmt Llc
Current Estimated Value
$208,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Outstanding Balance
$156,331
Interest Rate
7.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$64,874

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jan 14, 2019
Sold by
Pelletier Judith W Est and Pelletier
Bought by
Dgushee Llc
Seller's Agent
Aaron Bolster
Allied Realty
Buyer's Agent
Dina Gushee
Patriot Realty, Inc.
List Price
$65,000
Sold Price
$35,000
Premium/Discount to List
-$30,000
-46.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.23%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maine Freehold Mgmt Llc $210,000 None Available
Maine Freehold Mgmt Llc $210,000 None Available
Dgushee Llc -- --
Dgushee Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maine Freehold Mgmt Llc $157,500
Closed Maine Freehold Mgmt Llc $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Sold $35,000 -46.2% $15 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $65,000 -- $27 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,857 $175,170 $17,700 $157,470
2021 $1,442 $82,900 $13,000 $69,900
2020 $1,434 $82,900 $13,000 $69,900
2019 $1,351 $82,900 $13,000 $69,900
2018 $1,351 $82,900 $13,000 $69,900
2017 $1,326 $82,900 $13,000 $69,900
2016 $1,451 $82,900 $13,000 $69,900
2015 $1,708 $82,900 $13,000 $69,900
2014 $1,741 $82,900 $13,000 $69,900
2013 $1,675 $82,900 $13,000 $69,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1354973

Maine Listings

APN: BING-000006-000000-000066